🚨 Bitcoin Hits New All-Time High: Now Trading Above $121K

Bitcoin has officially surged past $120,000, and as of midday Hong Kong time, it’s already trading above $121,000 — marking a 28% gain so far in 2025.

📈 The rally follows President Trump’s announcement of a 30% tariff on the EU and Mexico, starting August 1st.

📊 All eyes are now on upcoming U.S. inflation data, expected to show rising costs — a key factor that could influence the Fed’s next move.

🔍 According to John Glover, CEO of Ledn, Bitcoin’s breakout is likely just the beginning. He forecasts a potential run to $136,000 by year-end, fueled by ETF inflows, corporate adoption, and bullish market structure.

“Breaking to new highs confirms the recent dip was just a setup for the next wave up,” Glover noted.

As macro tensions rise, Bitcoin continues to draw attention as a hedge and high-performing asset.

Is $136K next?

👇 Drop your thoughts below.

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